Map the statuses for these projects to columns on your team board: Board Settings > Columns.

Voilà!

With this dependencies board, key team members across all of your teams can gather around to see what needs some help or what to watch out for, all in real time.

For this to work effectively, you’ll have to make sure to keep this board transparent and to synchronise at a regular cadence. I’ve found getting people around the dependency board once or twice a week to be the sweet spot.

@Chris Blyth - good point. Portfolio for Jira has a dependencies report which shows this more clearly, however in Jira Software, you'll have to drill into the individual card view and look at the 'Link' section.